LEI:
213800BMY95CP6CYXK69
22 October
2024
ALPHA REAL TRUST LIMITED
("ALPHA REAL TRUST" OR THE "COMPANY")
RESULTS OF SCRIP DIVIDEND
ALTERNATIVE ELECTION
Scrip dividend alternative elections
were received in respect of 55,369,439 shares representing a
take up of 81% of the Company's share capital as at the record date
for the dividend. This will result in the issue of 477,317 new
ordinary shares (approximately 0.7% of the current issued share
capital). These shares will be issued at a price of 116 pence each
and will rank pari passu in all respects with the Company's
existing issued ordinary shares.
An application has been made to the
London Stock Exchange for these shares to be admitted to trading on
the Specialist Fund Segment of the London Stock Exchange's Main
Market. It is expected that admission will occur on 25 October
2024.
Following the issue of these shares,
the ordinary share capital of the Company will be 68,470,638
(including 7,717,581 Ordinary Shares held in treasury) and the
total voting rights in the Company will be 60,753,057 with
effect from 25 October 2024. The figure of 60,753,057 may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, ART under the FCA's
Disclosure and Transparency Rules.
Share certificates will be posted to
certificated shareholders who elected for scrip dividend shares and
shareholders holding shares in CREST, who elected for scrip
dividend shares, will have their CREST accounts credited directly
on 25 October 2024.
For further information please
contact:
Alpha Real Trust Limited
William Simpson, Chairman, Alpha
Real
Trust
+44 (0) 1481 742 742
Brad Bauman, Joint Fund Manager,
Alpha Real
Trust
+44 (0) 20 7391 4700
Panmure Liberum, Broker to the Company
Atholl Tweedie
+44 (0) 20 7886 2500
Further information on the Company
can be found on the Company's website: www.alpharealtrustlimited.com.